Sarda Energy & Minerals Ltd. announced that the credit ratings for its bank facilities have been reaffirmed. The total bank facilities rated amount to ₹659.81 crore. The long-term rating has been revised to CRISIL A/ Positive (Outlook revised from Stable; Rating Reaffirmed), while the short-term rating remains at CRISIL A1 (Reaffirmed).
Credit Rating Update
Sarda Energy & Minerals Ltd. has received an update on the credit ratings for its bank facilities. The announcement, dated November 12, 2025, confirms the revised ratings for the company’s financial instruments.
Revised Ratings Details
The key highlights of the credit rating update are as follows:
Total Bank Facilities Rated: ₹659.81 crore
Long Term Rating: CRISIL A/ Positive (Outlook revised from Stable; Rating Reaffirmed). The previous rating was CRISIL A/Stable (Reaffirmed).
Short Term Rating: CRISIL A1 (Reaffirmed)
The company has been informed that these ratings are applicable to the bank facilities of Sarda Metals & Alloys Ltd., a wholly-owned subsidiary of Sarda Energy & Minerals Ltd.
Source: BSE
